Novo Nordisk Foundation

The Novo Nordisk Foundation is an international foundation focusing on medical treatment and research. In 2020, the foundation had a net worth of $73.1 billion, making it the largest financial endowment of any foundation in Denmark and the largest endowment in the world. Novo Nordisk Foundation owns Novo Holdings A/S, a holding company and majority shareholder of Novo Nordisk.
In 2020 the foundation awarded $0.91 billion and paid out $0.75 billion worth of grants.
Since 2010, the foundation distributed more than 1.3 billion US dollars for research, innovation, treatment, education and humanitarian and social purposes. The Foundation typically distributes more than 300 million US dollars each year to research within the fields of Life sciences and Bioscience. While the main focus lies within biomedicine and biotechnology research, the Foundation also awards grants for research in general practice and family medicine, nursing and art history.
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